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Re: conix post# 6035

Tuesday, 06/12/2012 11:34:16 AM

Tuesday, June 12, 2012 11:34:16 AM

Post# of 44569
Conix: Only $700 (including commissions) takes out all the shares offered under .006 on L2 right now. And, less than $6,000 would take out everything offered under .02 on L2 right now. Of course, we all know that the 6 market makers with shares offered at .0029, .004, .006, and .0069 likely have other shares offered above those levels and below .02.

But the point is, with any significant buying at all CTYX can move up, and all that takes a some news. I feel sorry for anyone selling down here. And, g(da)m could really lower his avg. cost per share in CTYX for very little $$$$.